(Alliance News) - The following stocks are the best and worst performers on Italy Growth on Tuesday afternoon in Piazza Affari.

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WINNERS

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Mondo TV Suisse rises 9.3 percent. The company reported last week that in the year ended Dec. 31, 2022, revenues from sales and services were about CHF1.3 million from CHF1.1 million in 2021. Ebitda amounted to CHF300,000 from CHF300,000 in 2021, basically in line. Ebit was also in line with the same period in the previous year and amounted to EUR100,000. Net income is CHF33,000 - EUR33,000 - compared to a net income of CHF32,000 in 2021.

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Radici Pietro Industries & Brands gains 8.6 percent. Net income for 2022 is EUR187,000 positive and compares with a loss of EUR860,000 in the previous year. Revenues are EUR53.5 million, up 21 percent from EUR44.23 million as of Dec. 31, 2021.

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LOSERS

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GO internet loses 8.7% and extends last month's declines by 47%, last half year's by 49% and last year's by 75%.

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Convergences gives up 8.6 percent after reporting Monday that net income for 2022 was negative EUR800,000 vs. profit of EUR200,000. Revenues as of December 31, 2022 stood at EUR28.1 million, up 53 percent from EUR18.4 million at the end of 2021. Adjusted Ebitda is EUR1.4 million, down from EUR1.8 million in the previous year, bringing back an adjusted margin of 5.1 percent on value of production from that of 9.7 percent at the end of 2021. The operating loss, on the other hand, is EUR400,000 and compares with the positive Ebit of EUR500,000 in the previous year.

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By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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